News

Big-name investors pour US$1bn into PsiQuantum

PsiQuantum, the Silicon Valley quantum computing startup backed by the Australian government, has pocketed US$1 billion (A$1.5 billion) from big name investors in a long-awaited Series E capital raise....

Transgrid seeks innovators for demand management solutions

Australia’s largest transmission provider Transgrid has put a call out to local innovators to help manage electricity demand, offering up part of its $4.7 million innovation fund. The NSW...

Australia enters early talks to join $170bn Horizon Europe

Australia has begun exploratory talks with the European Commission about joining the $170 billion Horizon Europe initiative, the world’s largest funding program for research and innovation. Science minister Tim...

US EPA wants to speed up AI infrastructure permits

The US Environmental Protection Agency has proposed new measures aimed at speeding construction of infrastructure needed for the rapid buildup of data centers for artificial intelligence that would enable...

NSW govt AI, ‘COPS’ upgrade face audits

The NSW government’s use of artificial intelligence is atop the state audit office’s work program this year, with whole of government policies for the technology and individual agency deployments...

AIIA urges govt to secure bulk cyber buys for SMEs

The Australian Information Industry Association has called on the federal government to use its leverage as a major technology buyer to secure volume discounts on cybersecurity services and provide...

Australia introduces age assurance for porn sites, AI chat bots

Pornographic websites and providers of AI companion bots will be required to check Australian users’ ages from next year, after the online safety regulator accepted industry’s plans to restrict...

Finance leaves GovAI door ajar to sovereign models

Anthropic’s Claude is set to become the next locally hosted AI model available through GovAI, as the federal government fixes on a technology agnostic approach to boost the platform’s...

Intergenerational inequity as an innovation moonshot: Bill Ferris

Australian venture capital legend Bill Ferris has urged government – and the Strategic Examination of R&D – to address “intergenerational inequities” as a supporting framework for building national missions...